Power utilities a hit with investors on low valuations, reform hopes

Shares of utility companies are witnessing investor appetite in a market struggling to find momentum after hitting lifetime highs last week. Analysts said the heightened interest in these stocks is because of cheaper valuations. The BSE Power index hit a 10-year high, ending up 3.8% at 3,192 after hitting an intraday high of 3,208.6.

via Economictimes

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